[00:02] start the same way?  The first day of trading is plus 20-30%, sometimes even 50%, and then the market suddenly bam and falls.  This is due to the fact that IPOs are carried out not when shares are
[00:15] cheap, but when they can be sold at the highest possible price.  The company has been preparing for its IPO for years, attracting investment banks to help package its growth story and choose the perfect moment to generate
[00:30] maximum interest.  Not only quarterly reporting is selected, but also the time of year when profit will be maximum.  Do you think the company is going public to grow with investors?  In fact, it
[00:44] comes out when the market is ready to pay the highest possible price for their securities.  And this is where the mechanics that they talk about in investment textbooks begin.   The initial growth after an initial public offering is
[00:58] often seen as proof of success.  But who bought the shares at the placement price?  Often these are large funds and institutional investors who received them before trading could begin .  So who buys after news
[01:14] of a successful IPO?  And this is where private investment comes in.  Investors feel like they are entering a growth story.  In reality, they often provide liquidity for those who cash out.  History knows dozens of such examples.  One of the most recent
[01:30] high-profile IPOs is, of course, SpaceX.  In general, after high-profile IPOs, many companies were trading significantly below their IPO price a year later.  It's not always because of bad business.  It's just that the expectations at which the company was sold turned out to be
[01:45] higher than its actual value.  The most expensive commodity in an IPO is hope, expensive commodity in an IPO is hope, which is bought by the crowd.  Subscribe.